Welcome!

Let's have quick look at some promoted articles

Is it in any way profitable?

That's quite hard to say actually
Let's have a look at some promoted posts from today

So what does this say? How do we know it's promoted?

• We can find out if someone boosted their post in their wallet history, which is out in the open on their account.

• When you see a payment to Null, that means the post was promoted.

So the author paid 10 SBD to get their post promoted.

Here's another one:

This author paid over 140 SBD to promote their post.
Although lots of upvotes, the rewards are very low.

Even after studying lots of promoted posts, it's hard to find a pattern

• Promoting more doesn't equal more votes
• More votes does not mean more profits.
• So there are lots of factors at play
• There is no guarantee for a good return of investment

But let's have a look at something else:
Voting Bots!

This author only invested 4 SBD on promoting, but..
It does well because of Voting bots!

A bot might send you a small amount to promote their service

And we can see for example here

That he paid for Smartsteem and Buildawhale services

So, the Bots will return you some money.

• Because their votes are high value
• But we can't always be sure how much he paid for it

The next article

Promoting your post #02

We're going to test this ourselves

• We will promote our next article for a total of 50 SBD
• And we will share the results with you

Liked this read?

How to buy steem:
https://steemit.com/steem/@kunstvanhetgeld/how-to-buy-steem-or-and-put-your-money-where-your-mouth-is